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Business

Buhari signs new Companies and Allied Matters law (Some Details)

President Muhammadu Buhari Friday in Abuja assented to the Companies and Allied Matters Bill, 2020 recently passed by the National…

Mark Zuckerberg becomes world’s 3rd centibillionaire at 36

The coronavirus pandemic hit the world economy hard but Mark Zuckerberg, founder of Facebook has seen his net worth skyrocket…

Ecobank announces 10 finalists in Fintech challenge, Nigeria misses cut

Ecobank Group has announced the finalists from the 2020 Ecobank Fintech Challenge, with no Nigerian Fintech making the cut.
Ex-Aviation minister Hadi Sirika, others to be arraigned Thursday

Nigerian airports ready for international flights in weeks: Hadi Sirika

Nigeria will announce the resumption of international flights soon after President Muhammadu Buhari approved the extension of the second phase…
Ecobank Group opens 2022 Fintech Challenge with $50,000 for grabs

Ecobank begins cardless withdrawal from ATM

Ecobank has stated that cash withdrawals can be made at all its ATMs, without a card.

Elumelu’s Heirs Holdings appoints Dan Okeke executive director

A former executive director of UBA Plc, Dan Okeke, has landed a similar job with Heirs Holdings, the Pan-African investment…

Olamide Alabi Akala ventures into Agro business

Olamide Alabi-Akala, daughter of former governor of Oyo State, Alao Akala has made another big move in her passion for…

Covid-19: Impact on Global Insurance

With millions of people around the world already down with the Coronavirus, there is no mincing words saying that the…
Smugglers balloon Nigeria's daily petrol consumption

Petrol prices going up, oil marketers await signal from PPPRA

The Independent Petroleum Marketers Association of Nigeria (IPMAN) is awaiting signals from the Petroleum Products Pricing Regulatory Agency (PPPRA) to…
Sam Egube. Commissioner for Economic Planning and Budget

Lagos begins consultations with stakeholders on 2021 budget

Lagos State Government has begun massive consultations with stakeholders to get their inputs in the preparation of the 2021 budget.

Airlines bewail low patronage since reopening

Some airlines in the country operating at Nnamdi Azikiwe International Airport (NAIA), Abuja, have expressed dissatisfaction over low passengers’ patronage…
NAHCON says suspension of Max Air domestic operations by NCAA will not affect ongoing airlift of Nigerian hajj pilgrims from Saudi Arabia.

Nigerian airlines groan over low passenger traffic

Two Nigerian airlines operating at Nnamdi Azikiwe International Airport (NAIA), Abuja, are groaning over low passenger traffic since flights resumed…

Lagos reverses Ambode’s LUC law, gives 48 percent reduction

The Lagos State Government has reversed the 2018 Land Use Charge, LUC, Law and effected a reduction in the annual…

Virgin Atlantic files for bankruptcy

Virgin Atlantic Airway has filed for bankruptcy, as the aviation industry continues to be ravaged by the coronavirus pandemic

Who is Daniel Damilola Nejo and Why Is He All Over My YouTube?

If you have a smartphone and use social media (especially YouTube), you will most likely have seen video ads from…

Bristow Helicopters sacks 100 pilots, engineers

Bristow Helicopters has sacked 100 pilots and engineers following negative impact of Coronavirus on its business and the nation's economy.
Stallion Group Acquires Bajaj Tricycles

Stallion Group acquires Bajaj Tricycles

Following the successful acquisition of the Bajaj franchise by the Stallion Group recently, the latter is taking proactive and preventive…

70,000 farmers for Anchor Borrowers programme in Ogun 

Ogun State Ministry of Agriculture says it has registered over 70,000 farmers with the Anchor Borrowers Programme, just as over…

Okonjo-Iweala: My priorities as WTO chief

Nigeria's candidate for the top job of the World Trade Organization (WTO), Ngozi Okonjo-Iweala said fixing the Geneva-based body's dispute…

Georgia-based realtor, Olaitan Olatoye launches ‘Olla Realtor LTD’ in Nigeria

Georgia-based real estate entrepreneur and businessman, Olaitan Olatoye Olalekan has launched a new real estate development and listings agency in…

Trump wants cut for U.S. treasury from TikTok sale

U.S. President Donald Trump said Monday the U.S. treasury should get a “substantial portion” of the sales price of the…
Abubakar Suleiman Sterling Bank CEO

Sterling Bank grows income, profit falls marginally

Sterling Bank Plc on Monday in Lagos reported a rise in net interest income from N30.4 billion to N33.5 billion…
Air Peace Ltd says a one-hour trip within Nigeria should cost no less than N500,000 as airlines spent at least N14 million operating it

COVID-19: Air Peace fires over 70 pilots

Air Peace has fired over 70 pilots across its fleet types due to negative impact of COVID-19 pandemic.

LG Electronics targets 50 families for Free Wash Centre in Lagos

LG Electronics, last weekend, upgraded its Free Wash Centre in Ogba, Ikeja, suburb of Lagos, with new sets of commercial…
U.S. FTC accuses popular video-sharing app TikTok and its Chinese parent company ByteDance of failure to protect children’s privacy.

Microsoft confirms talks with ByteDance for TikTok

Microsoft Corp has confirmed talks with ByteDance to acquire the U.S. operations of the Chinese-owned short-video app TikTok.
oil prices

Oil prices fall as virus cases explode

Oil prices moved southwards on Monday on fears about the economic fallout from rising COVID-19 cases around the globe and…
Shoprite sold to Persianas

Just In: Shoprite announces plans to leave Nigeria, Nigerians react

Africa’s biggest grocery retailer, Shoprite, has announced plans to discontinue operations in Nigeria, after 15 years.

Amaechi explains sovereignty clause in $500m Chinese Railway loan

Minister of Transportation, Rotimi Amaechi has explained that the clause ‘waiving sovereignty’ in the loan agreement between Nigeria and China…
Bitcoin effects on banking industry

Bitcoin price rises for first time since 2019

The price of the Bitcoin cryptocurrency went up to $12,000 for the first time since August 2019.
Engr. Rauf Olaniyan

No going back on N100bn Bond for developmental projects – Oyo Dep. Gov.

Oyo State Deputy Governor, Alhaji Rauf Olaniyan, on Saturday said the state government’s decision to finance developmental projects through N100…
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